We're about to lose some of the most basic programs we had [because of technology], like Medicare, potentially. I don’t think there's any proof that it's any more politically feasible to hold on to what we have than to build on a big new idea.
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A universal basic income is essentially giving every single working-age American a check every month, much like we do with social security for elderly people. It’s an unconditional stipend, as it were.
The reason it's necessary is we're now learning through lots of reputable research that technological change is accelerating, and that this process will continue to displace workers and terminate...See Moresource